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Growth Metrics

CarGurus (CARG) Research & Development (2016 - 2025)

CarGurus (CARG) has 10 years of Research & Development data on record, last reported at $31.3 million in Q4 2025.

  • For Q4 2025, Research & Development rose 2.68% year-over-year to $31.3 million; the TTM value through Dec 2025 reached $138.3 million, down 0.53%, while the annual FY2025 figure was $138.3 million, 0.53% down from the prior year.
  • Research & Development reached $31.3 million in Q4 2025 per CARG's latest filing, down from $36.3 million in the prior quarter.
  • Across five years, Research & Development topped out at $37.4 million in Q2 2023 and bottomed at $25.2 million in Q1 2021.
  • Average Research & Development over 5 years is $32.2 million, with a median of $31.5 million recorded in 2022.
  • Peak YoY movement for Research & Development: surged 35.47% in 2021, then dropped 13.4% in 2023.
  • A 5-year view of Research & Development shows it stood at $27.1 million in 2021, then rose by 16.47% to $31.6 million in 2022, then dropped by 13.4% to $27.3 million in 2023, then increased by 11.73% to $30.5 million in 2024, then grew by 2.68% to $31.3 million in 2025.
  • Per Business Quant database, its latest 3 readings for Research & Development were $31.3 million in Q4 2025, $36.3 million in Q3 2025, and $34.4 million in Q2 2025.